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G Steel PCL (BKK:GSTEEL-F) Cyclically Adjusted PB Ratio : 0.33 (As of Jul. 22, 2025)


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What is G Steel PCL Cyclically Adjusted PB Ratio?

As of today (2025-07-22), G Steel PCL's current share price is ฿0.38. G Steel PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ฿1.14. G Steel PCL's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for G Steel PCL's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKK:GSTEEL-F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.33
Current: 0.33

During the past years, G Steel PCL's highest Cyclically Adjusted PB Ratio was 0.33. The lowest was 0.05. And the median was 0.10.

BKK:GSTEEL-F's Cyclically Adjusted PB Ratio is not ranked
in the Steel industry.
Industry Median: 0.89 vs BKK:GSTEEL-F: 0.33

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

G Steel PCL's adjusted book value per share data for the three months ended in Mar. 2025 was ฿-0.011. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ฿1.14 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


G Steel PCL Cyclically Adjusted PB Ratio Historical Data

The historical data trend for G Steel PCL's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

G Steel PCL Cyclically Adjusted PB Ratio Chart

G Steel PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.13 0.16 0.21 0.30

G Steel PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.25 0.27 0.30 0.33

Competitive Comparison of G Steel PCL's Cyclically Adjusted PB Ratio

For the Steel subindustry, G Steel PCL's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


G Steel PCL's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, G Steel PCL's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where G Steel PCL's Cyclically Adjusted PB Ratio falls into.


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G Steel PCL Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

G Steel PCL's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.38/1.14
=0.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

G Steel PCL's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, G Steel PCL's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-0.011/134.9266*134.9266
=-0.011

Current CPI (Mar. 2025) = 134.9266.

G Steel PCL Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.772 100.684 1.035
201509 0.545 100.392 0.732
201512 0.466 99.792 0.630
201603 0.461 100.470 0.619
201606 0.439 101.688 0.582
201609 0.418 101.861 0.554
201612 0.314 101.863 0.416
201703 0.495 102.862 0.649
201706 0.411 103.349 0.537
201709 0.449 104.136 0.582
201712 0.288 104.011 0.374
201803 0.297 105.290 0.381
201806 0.147 106.317 0.187
201809 0.121 106.507 0.153
201812 0.025 105.998 0.032
201903 -0.040 107.251 -0.050
201906 -0.063 108.070 -0.079
201909 -0.133 108.329 -0.166
201912 0.144 108.420 0.179
202003 0.213 108.902 0.264
202006 0.214 108.767 0.265
202009 0.203 109.815 0.249
202012 0.126 109.897 0.155
202103 0.226 111.754 0.273
202106 0.236 114.631 0.278
202109 0.254 115.734 0.296
202112 0.200 117.630 0.229
202203 0.221 121.301 0.246
202206 0.203 125.017 0.219
202209 0.170 125.227 0.183
202212 0.119 125.222 0.128
202303 0.000 127.348 0.000
202306 0.090 128.729 0.094
202309 0.083 129.860 0.086
202312 0.072 129.419 0.075
202403 0.066 131.776 0.068
202406 0.048 132.554 0.049
202409 0.036 133.029 0.037
202412 0.006 133.157 0.006
202503 -0.011 134.927 -0.011

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


G Steel PCL  (BKK:GSTEEL-F) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


G Steel PCL Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of G Steel PCL's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


G Steel PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
Silom Road, Suriyawong, 88, Paso Tower, 18th Floor, Bangrak, Bangkok, THA, 10500
G Steel PCL is engaged in manufacturing and distributing hot rolled coil steel products. It offers cold rolled steel sheets, galvanized steel, steel pipes, steel products for construction, automobile and parts and electrical appliances. The company's products serve as raw materials for downstream industries as cold-rolled coils, galvanized steel, steel pipe, structural steel products for construction, LPG container, automobile, electrical appliance as well as steel furniture industries. The group operates in a single line of business, namely manufacturing of flat-rolled steel products. Geographically, the company operates in Thailand.

G Steel PCL Headlines

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